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20121108
20121116
Search Results 0 to 12 of about 13 (some duplicates have been removed)
to what the president said today and what speaker john boehner said last week. listen to this. >> you've said that the wealthiest must pay more. would closing loopholes instead of raising rates for them sty y satisfy you? >> i think there are loopholes that should be closed and we should look at how we can make the process of deductions, the filing process easier, simpler, but when it comes to the top 2%, what i'm not going to do is to extend further a tax cut for folks who don't need it. >> raising tax rates is unacceptable and frankly, it couldn't even pass the house. >> well, it feels like a dÉjÀ vu all over again. somebody is going to have to blink or we go over the fiscal cliff. my next guest knows all about fiscal cliff uncertainty and its effect on the individual investor. walter bettinger is ceo of charles schwab. the market certainly feels pessimistic. we are looking at another 200-point decline today. the market is down 5% since the president was re-elected. what are you hearing from clients? >> clients are really concerned. there is pessimism among investors. there's grea
a split and one of the interesting ways you can follow it has to do with what -- john boehner versus paul ryan. boehner is pushing for conference shame, republican congresswoman rogers while ryan is pushing tom price who used to run the conservative caucus in the house. if most of the caucus is getting behind them then it's a sign they'll dig in their heels. if they're going with boehner, it's a sign they'll deal. >> i want to bring in a democrat on both the armed services committee and select committee on intelligence and the fiscal cliff if i might. do you think the republicans will come to play? >> i believe that they will. it's my hope that everyone has gotten the message loud and clear that the american people expect us to compromise, democrats and republicans coming together to solve the fiscal cliff issue but in a balanced way and that is certainly what president obama has campaigned on protecting a strong middle class, allowing the tax cuts to expire above $250,000, but we can't be afraid to compromise but we can do that without compromising our principles. >> is part of this deal
as the middle class does not get hurt. house speaker john boehner seems optimistic about these negotiations. >> we can all imagine a scenario where we go off the fiscal cliff. if, if despite the election, if despite the dangers of going over the fiscal cliff and what that means for our economy that there's too much stubbornness in congress that we can't even agree on giving middle class family as tax cut, then, middle class families will all end up having a big tax hike. >> there are no barriers here to sitting down and beginning to work through this process. i don't think anyone on either side of the aisle underestimates the difficulty that faces us. but i do think that the spirit of cooperation that you have seen over the last week from myself and my team, from democrats across the aisle, from the president, have created an atmosphere where i think that, i'm, remain optimistic. i was born with a glass half-full. if i hadn't been i sure wouldn't be here. jon: so let's get to it. how close are we to the edge of that fiscal cliff? marjorie clifton, a former consultant to the obama campaign a
connell, house speaker john boehner and minority leader nancy pelosi. so, will we get a deal? one man getting a lot of attention is erskine bowles. who along with alan simpson created the simpson-bowles plan on deficit reduction. i have to start by asking you, did you ever think your name would be part of pop culture? you are the bowles in simpson bowles. >> better be simpson bowles than bowles simpson since everybody knows him by his initials here in washington. >> so, when you talk about things, sacred cows, untouchables, whatever the word might be, in your proposal, the one paul ryan decided not to back, the one barack obama decided not to back, you had an increase in the federal gasoline tax. caps on mortgage interest. charitable donations and retirement contributions. these were all tough choices you made. you also increased the eligibility age for medicare and social security. reduced benefits for wealthier seniors. some of those things i've heard democrats and republicans say they agree on, others they loathe them. is there anything that should be untouchable? >> the problems are real,
reported on this program last week, house sneaker john boehner used a post election conference call with rank and file republicans to plead for patience and running room with the president and did just win re-election, mandate or not. wolf? >> thanks very much. let's hope they work out a deal. the stakes enormous. >> there's quite a lot of nice talk and we're oh so far from cles to a deal quiet and continuing to follow it. >>> still ahead, neighbors heard a blast and thought it might be an earthquake. we'll have the latest on what caused a deadly explosion that damaged dozens of homes. bp has paid over twenty-three billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. [ "the odd couple" theme playing ] humans. even when we cross our "t"s and dot our "i"s, we still run
was willing to sign on the dotted line to that compromise with john boehner and eric cantor a year ago. we remain ready, willing and able to compromise. the american people have an unquenchable thirst for solutions. they have an unquenchable thirst for compromise and consensus. at that press conference yesterday it was nancy pelosi notwithstanding what governor christie has said. it was nancy pelosi who said we remain ready, willing and able to find a compromise. to find common ground with republicans to avoid the fiscal cliff. we need solutions and not sequestration. >> jonathan karl did an interview with paul ryan and what paul ryan said in this is essentially that, that the president doesn't have a mandate. karl said he won some 300 some electoral votes, every battleground state except for north carolina. does president obama have a mandate and, and he said no, i don't think so. because then nancy pelosi would be in charge of the house of representatives. and she's not. do you think that he's got a point? >> you know what has a mandate? solutions have a han date. this election was about
Search Results 0 to 12 of about 13 (some duplicates have been removed)